Corrado | Jotup

Peapack Private Announces New York City Expansion

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Monday, April 8, 2024

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.

Key Points:

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.
“We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.
“We were attracted to the single-point-of-contact model that Peapack Private offers, along with the added value of its wealth management solutions,” commented Corrado.
Peapack Private fully expects to continue offering its private banking service model to the Tri-State area and to grow in the coming years.

China Medical University Hospital (CMUH) in Taiwan Upgrades Smart Healthcare with Gen AI

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Saturday, February 17, 2024

TAICHUNG, Feb. 17, 2024 /PRNewswire/ -- China Medical University Hospital (CMUH) in Taiwan announced its collaboration with Google Cloud in mid-December 2023. Using Google Cloud's generative AI technology, including MedLM, which is a large language model built on Med-PaLM 2, CMUH has developed a comprehensive "AI-assisted Physician" system which aims to assist healthcare professionals in disease diagnosis, treatment planning, patient education, and medical research, etc.

Key Points:

Establishing a comprehensive "AI-assisted Physician" using generative AI from Google Cloud, including MedLM
TAICHUNG, Feb. 17, 2024 /PRNewswire/ -- China Medical University Hospital (CMUH) in Taiwan announced its collaboration with Google Cloud in mid-December 2023.
Through its collaboration with Google Cloud, CMUH is dedicated to driving AI innovation in smart healthcare to shape the future of healthcare in Taiwan.
MedLM will help facilitate CMUH in the timely access of accurate medical information to establish the best Healthcare AI models for the Chinese-speaking market in Asia.
In this remarkable era of gen AI, we are excited to collaborate with medical industry leaders that drive innovation through AI like CMUH, and partner with them to build the future of healthcare in Taiwan."

Unveiling Ubique Network's Trailblazing Internship Program: Bridging the Gap Between Gen Z Talent and Startup Success

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Tuesday, November 14, 2023

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"Our Internship Program is more than a learning opportunity; it's a platform for actual business experiences that bridge the gap between the classroom and real-world application," says Corrado, the Gen Z CEO and Founder of Ubique Network.

Key Points:

"Our Internship Program is more than a learning opportunity; it's a platform for actual business experiences that bridge the gap between the classroom and real-world application," says Corrado, the Gen Z CEO and Founder of Ubique Network.
Interns work directly with Ubique Network's esteemed VC backed startup clients, allowing students to delve into critical aspects of college marketing and business development.
Startups gain unique perspectives and insight into their Gen Z target market; while students gain hands-on experience and lasting networking opportunities.
In a digital landscape replete with challenges, this team exemplifies the transformative power of Gen Z, bolstering Ubique's tailor-made marketing solutions.

ATSG Names Mike Berger as President

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Monday, October 2, 2023

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Air Transport Services Group, Inc. (NASDAQ:ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has elected Mike Berger, 62, currently Chief Strategy Officer, as President of ATSG, effective October 1, 2023.

Key Points:

Air Transport Services Group, Inc. (NASDAQ:ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has elected Mike Berger, 62, currently Chief Strategy Officer, as President of ATSG, effective October 1, 2023.
View the full release here: https://www.businesswire.com/news/home/20231002829842/en/
Air Transport Services Group has promoted Mike Berger to President.
(Photo: Business Wire)
In his new role, Berger will continue to lead ATSG's transformational growth as the market leader in freighter leasing and air operations.
Berger joined the company in 2018 as chief commercial officer and president of the company's Airborne Global Solutions subsidiary.

ATSG Reports Second Quarter 2023 Results

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Thursday, August 3, 2023

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the second quarter ended June 30, 2023.

Key Points:

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the second quarter ended June 30, 2023.
Adjusted EBITDA was in-line with the prior year period, despite continuing inflationary effects on our operations versus the second quarter of 2022.
Earnings were impacted by the scheduled return of ten 767-200s since June 2022, including seven in the second quarter this year.
ATSG will host an investor conference call on Friday, August 4, 2023, at 10 a.m. Eastern Time to review its financial results for the second quarter of 2023, and its outlook for remainder of the year.

ATSG Announces New President of Airline Subsidiary Omni Air International

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Tuesday, July 18, 2023

Transport, Air, Aviation, US Airways, Air Transport Services Group, Ernest K. Warburton (US Air Force), ATSG, Omni Air International, Airline Transport Pilot, Corrado, Multimedia, Airline, Whaling

"David's contributions at Omni over the past five years cannot be overstated," said Rich Corrado, president and chief executive officer of ATSG. "His operational leadership -- particularly during the pandemic -- has been crucial to the airline's success. His industry knowledge and business acumen make him the ideal leader to guide Omni into the future."

Key Points:

Air Transport Services Group, Inc., (NASDAQ: ATSG) today announced the appointment of David Ray as president of Omni Air International, Inc., an airline subsidiary of ATSG, to succeed Dan Orcutt.
View the full release here: https://www.businesswire.com/news/home/20230718130797/en/
David Ray has been named President of Omni Air International.
"David's contributions at Omni over the past five years cannot be overstated," said Rich Corrado, president and chief executive officer of ATSG.
Ray succeeds Dan Orcutt, a 26-year veteran of the US Air Force who served as president of Omni since 2021.

ASE Announces Results of 2023 Compensation Survey - Wages Grow Substantially in Michigan

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Thursday, June 8, 2023

Organization, Growth, Unemployment, Corrado, ASE, Tutoring, Metro Detroit

TROY, Mich., June 8, 2023 /PRNewswire/ -- ASE, Michigan's largest employer association supporting its members with Everything HR, has released the findings of its 2023 ASE Compensation Survey.

Key Points:

TROY, Mich., June 8, 2023 /PRNewswire/ -- ASE, Michigan's largest employer association supporting its members with Everything HR, has released the findings of its 2023 ASE Compensation Survey.
The full results were presented at the Michigan Pay & Economic Briefing that took place June 6th in Troy.
Key Highlights from the 2023 ASE Compensation Survey:
Wage increases among Michigan businesses, based on the constant sample of companies, showed a year-over-year rise of 4.4% from 2022 to 2023.
To request to purchase the 2023 ASE Compensation Survey results, please click here .

ATSG Reports First Quarter 2023 Results

Retrieved on:

Thursday, May 4, 2023

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter ended March 31, 2023.

Key Points:

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter ended March 31, 2023.
Pretax earnings were a loss of $2 million in the first quarter, versus earnings of $22 million in the first quarter of 2022.
ATSG continues to project 2023 capital spending of $850 million, including $260 million in sustaining capex and $590 million for growth.
ATSG will host an investor conference call on Friday, May 5, 2023, at 10 a.m. Eastern Time to review its financial results for the first quarter of 2023, and its outlook for remainder of the year.

ATSG Highlights Progress in Latest Sustainability Report

Retrieved on:

Thursday, April 20, 2023

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, has published its 2022 Sustainability Report, highlighting progress in the company’s Environmental, Social and Governance (ESG) practices and initiatives.

Key Points:

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, has published its 2022 Sustainability Report, highlighting progress in the company’s Environmental, Social and Governance (ESG) practices and initiatives.
“We are pleased with the growth our company has experienced in recent years, and we are proud that our ESG progress has followed suit,” said Rich Corrado, president and CEO of ATSG.
Highlights from the 2022 Sustainability Report include the following:
Operational improvements from 2021 to 2022 resulted in a relative reduction in jet fuel usage by 19.9 million gallons and CO2 emissions by 191,000 tons.
ATSG formed a Management Sustainability Committee to further integrate ESG matters into the strategy and operations of the company.

ATSG Reports Record 2022 Revenues

Retrieved on:

Thursday, February 23, 2023

Shares repurchased in 2022, all in the fourth quarter, represented nearly 3% of the 74 million shares outstanding at the beginning of 2022.

Key Points:

Shares repurchased in 2022, all in the fourth quarter, represented nearly 3% of the 74 million shares outstanding at the beginning of 2022.
Aircraft leasing and related revenues from external customers were up 3% for the fourth quarter and 17% for the year, reflecting the 2022 benefit of a full year of revenues from fifteen Boeing 767-300 freighters leased during 2021, plus partial-year revenues from six other 767-300s leased in 2022.
The Adjusted EBITDA and Adjusted EPS forecasts for 2023 assume:
Fewer operating block hours for ATSG airlines in 2023 versus 2022 for both our cargo and passenger operations.
ATSG will host an investor conference call on Friday, February 24, 2023, at 10 a.m. Eastern Time to review its financial results for the fourth quarter of 2022, and its outlook for 2023.